Archive / London session

London Open Briefing — Fri, Oct 23

      Published October 23, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Bullish structure 100/100

Tone

Futures are pushing into their overnight highs heading into the London open, reversing the early overnight drift lower. Both ES and NQ established clean local bases before rallying back through key round numbers into session highs. Price action retains an upward lean near the top of the immediate overnight range, though upper wicks show initial resistance at the highs.

Key levels — futures & ETF equivalents

      Overnight High Resistance
      7707.00 (SPY ~$770.70)
    

      Overnight Pivot Support
      7700.00 (SPY ~$770.00)
    

      Overnight High Resistance
      29240.00 (QQQ ~$713.17)
    

      Overnight Pivot Support
      29200.00 (QQQ ~$712.20)
    

Looking for today’s levels?

Today’s free level SPY premarket levels ES overnight levels NQ overnight levels QQQ premarket levels

Positioning views for this session

SPY premarket levels QQQ premarket levels ES overnight levels NQ overnight levels

Market Structure Academy

Market Profile POC VAH VAL Overnight inventory Failed auction Overnight high/low Previous close

On the calendar

European flash PMIs roll out through the early London morning, starting with French and German manufacturing and services prints at 03:15 and 03:30 ET, followed by the broader Eurozone release at 04:00 ET. These macro releases serve as the primary catalyst for foreign exchange flows and European index direction into the US cash session.

Published as it was generated, exactly as delivered to subscribers at the time — not edited or curated after the fact. Informational commentary only, not trade signals or personalized financial advice. New terms? See the glossary.

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